Latest Stock Market News

Mahindra Lifespace Developers secures two housing redevelopment projects in Mumbai, valued at Rs 1,200 crore. The company, operating under multiple brands, anticipates significant revenue gains. The stock target price is Rs 599 with strong buy recommendations, despite recent declines in share performance.

Maruti Suzuki will implement a price hike of up to Rs 62,000 across various models starting April 8, 2025, due to rising input costs and operational expenses. Despite efforts to minimize impact on customers, increased costs are partially passed on. Current market performance shows an 11% decline over six months but a 41% rise over two years.

Pashupati Advani of Global Foray anticipates positive surprises in companies with lower tariffs and those leveraging arbitrage opportunities. He discusses the implications of tariff uncertainty on equity markets and the economic outlook for the US. Advani also highlights the challenges in the EV market and suggests food distribution stocks like Godrej Consumer could perform well in the future.

HDFC Bank shares will be in focus after Sebi issued a warning letter for regulatory non-compliance. The bank will address the issues. Earlier, Sebi had issued a warning for non-compliance in 2024. Analysts recommend buying HDFC Bank shares with a target price of Rs 2,009 and a potential 12% upside.

Despite recent market volatility, several companies in India have shown renewed interest in IPOs, indicating market stabilization. Experts believe this signifies the absence of a prolonged negative return phase and highlights a strong Indian economic outlook bolstered by positive indicators and sectoral growth.

Bitcoin and other major cryptocurrencies declined following President Trump’s announcement of new tariffs on US trading partners, causing a general dip in risk assets. Cryptocurrencies initially held steady but later fell as traders processed the news, underscoring their vulnerability during times of market uncertainty.

Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. This caused stocks to drop, with traders worried about economic impacts. Analysts believe the tariffs will slow trade and increase prices, potentially creating a buying opportunity if negotiations lead to reduced rates.

Axis Securities has identified seven large and mid-cap stocks with the potential to rally up to 40%. Key names include ICICI Bank, SBI, Varun Beverages, HDFC Bank, Bharti Airtel, Cholamandalam Investment & Finance, and Hero MotoCorp. The brokerage highlights strong growth prospects, improved margins, and strategic expansions as key factors driving their positive forecasts.

Looking at two decades of data for the Nifty, we see that March was positive 70% (14/20) of the time. Of these 14 instances, 64% of the time, April was also positive. So, it seems like there is some spillover effect, i.e. bullish, of how March does on how April fares.